Alliances, Mergers & Acquisitions
EMCF to Combine with EuroCCP
European central counterparty clearing houses (CCPs) EuroCCP and EMCF will combine their operations this year to create a single entity for cash equities clearing, subject to regulatory approvals.
Lombard Risk, AcadiaSoft Embark On Collateral Management Alliance
London-based Lombard Risk Management and AcadiaSoft, a provider of collateral management technology and services based in Pembroke, MA, have announced an electronic collateral messaging collaboration.
Bombay Exchange and Eurex Reach Tech Sharing Pact
Eurex Group and the Bombay Stock Exchange (BSE) will deepen their strategic partnership through a long-term technology alliance under which BSE will join the Eurex technology roadmap and deploy Deutsche Börse Group's trading architecture in a first step.
LSE, LCH Agree Revised Offer Terms
The London Stock Exchange Group (LSE) and LCH.Clearnet have announced the agreement of revised terms that will see the exchange group take a majority stake in the clearinghouse.
IMS HedgeOp Opens Hong Kong Office
IMS Group and HedgeOp Compliance, the buy-side consultancies which merged last year, have opened a Hong Kong office under the name, IMS HedgeOp.
MarketAxess Completes Xtrakter Acquisition, Appoints Urtheil
MarketAxess has completed its acquisition of Xtrakter, the former subsidiary of Euroclear, which provides regulatory transaction reporting.
VC Funds Focus on Data Analytics and Research
Venture capital (VC) funds are turning toward analytics and research providers as the supply of low-latency and alternative liquidity sources has surpassed critical mass.
Thomson Reuters Partners Chartwell Compliance for Risk Management
Thomson Reuters has partnered with Chartwell Compliance, a Washington-based consultancy, for the provision of regulatory compliance, financial crimes prevention and enterprise risk management technology.
Getco Reveals Team for Life with Knight
Getco has released details of the management team that will lead the company, following the Knight Capital merger set to go through in the second quarter.
SIX Axes Scoach Partnership with Deutsche Börse
SIX Swiss Exchange has terminated its cooperation contract with Deutsche Börse for the joint running of structured products trading platform, Scoach.
ICE's NYSE Euronext Acquisition Nears
IntercontinentalExchange's (ICE) proposed takeover of NYSE Euronext drew closer today, following the expiration of the waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act.